In Re Consolidation Coal Co.

WILLIAM G COLEMAN, District Judge.

The question before the court is whether the plan of reorganization, proposed by creditors of the Consolidation Coal Company, should be approved.

The obligation imposed upon federal courts under section 77B of the Bankruptcy Act, as amended in 1934 (11 USCA § 207), relating to the reorganization of corporations, is a very heavy one; and this court approaches the problem presented in the present case with a full realization of that obligation and of its duty to all parties in interest.

The company has been under the direction of this court for more than three…